Which is more efficient: a direct regulatory program or a market incentive program?

Answers:2   |   LastUpdateAt:2017-11-13 02:09:48  

Question
Matteo
Asked at 2012-08-02 09:33:02
1 . Which is more efficient?
A. a program of direct regulation
B. a market incentive program

2 . Why?

A. A direct regulation approach is more efficient due to direct regulation will provide the best framework for people to be able to match the marginal cost and marginal benefits of their decisions.

B. A direct regulation approach is more efficient due to direct regulation is the only way for people to consider the effects of their decisions on people who do not participate in trade.

C. An incentive program is more efficient market because the government does not have to be involved in the program.

D. An incentive program is more efficient market because it makes use of the powerful force of the invisible hand , and unlike the approach of direct regulation, causes people to equate marginal cost with marginal benefit.
Answer1xiaojunAnswered at 2017-10-23 18:46:37

chenlina20171024

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chenlina20171024 
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